Disasters take many forms, but they share something in common: their unpredictability. The loss of an employee is often the most difficult type of incident that can affect an organization. It brings emotional upheaval for co-workers and friends and may render key employees incapable of making business decisions. If it affects a high-level position, it can disrupt how an organization operates and disrupt investor and shareholder confidence.
Loss of people cannot be prevented, but personnel loss preparedness plans can make recovering from a loss significantly easier and minimize the risk the disruption poses to your business. Your organization should review its current policies in light of the following eight practices to ensure there is a plan in place even if the most devastating of events occurs.
Copyright © 2017, CBIZ, Inc. All rights reserved. Contents of this publication may not be reproduced without the express written consent of CBIZ. This publication is distributed with the understanding that CBIZ is not rendering legal, accounting or other professional advice. The reader is advised to contact a tax professional prior to taking any action based upon this information. CBIZ assumes no liability whatsoever in connection with the use of this information and assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.
CBIZ MHM is the brand name for CBIZ MHM, LLC, a national professional services company providing tax, financial advisory and consulting services to individuals, tax-exempt organizations and a wide range of publicly-traded and privately-held companies. CBIZ MHM, LLC is a fully owned subsidiary of CBIZ, Inc. (NYSE: CBZ).
Personnel loss can be devastating but the recovery may be easier with this eight-step disaster recovery plan.